"'I beg you, father, send Lazarus to my family, for I have five brothers. Let him warn them, so that they will not also come to this place of torment.’ Abraham replied, ‘They have Moses and the Prophets; let them listen to them.’ No, father Abraham,’ the rich man said, ‘but if someone from the dead appears to them, they will repent.’ And Abraham said, ‘If they do not listen to Moses and the Prophets, they will not change and repent, even if someone were to rise from the dead.’”
Luke 16:27-31
08 May 2013
Divergence: HUI/GOLD Ratio Nearing 2001 Lows
As you know HUI is the 'gold bugs index' of mining companies.
As a sector the miners have been hammered.
This is quite a divergence.
The Gold/Silver Ratio is also at rather high levels.